The National Directorate of Taxes and Customs (DIAN) classifies businesses into various groups based on their revenue, the company’s nature, and other factors. Hence tax bound differs on each type of company. Some pre-configured taxes like IVA, Rte IVA, Rte ICA, Rte Fuente, and chart of accounts, specific to localization, are introduced for the company […]
Default taxes and accounts are set on products and customers to create new transactions on the fly. However, you might have to use different taxes and record the transactions on different accounts, according to your customers’ and providers’ localizations and business types. Fiscal Positions allow you to create sets of rules to automatically adapt the […]
